On Septmener 2020, NSP Ltd decides to sells an old motorcycle as they no longer have use for it and require a vehicle with greater capacity to move products. The motorcycle had originally been recorded at a cost of $20 000, had an estimated salvage value of $3000 and an up-to-date accumulated depreciation balance of $12 000. NSP sold the motorcycle for $4 500 in cash. On 1 October 2020, NSP used cash to purchase a delivery truck with a list price of $132,000. In addition to the list price, NSP paid $4 250 for mandatory third-party insurance, $6 300 for stamp duty, $5 890 for customisations to the truck needed to safely transport NSP products, and $3 750 for a voluntary four-year comprehensive insurance policy. The truck has a $42 000 residual value and ATO rules state that the asset must be depreciated using the Reducing Balance method (at 2.0 x straightline rate), over its 8 year useful life. Required: A) Journalise the sale of the old motorcycle on 30 September 2020 (2 marks) B) Journalise all transactions relating to the delivery truck purchase on 1 October 2020 (2 marks) C) Journalise the depreciation of the new delivery truck for the financial year ending 30 June 2021 (2 marks)